Latest news with #Lunate
Arabian Business
10-07-2025
- Business
- Arabian Business
Abu Dhabi's Lunate adds HSBC as its first international Authorised Participant for ETFs
HSBC Bank UK has become the first international Authorised Participant (AP) for Abu Dhabi-based global investment management firm, Lunate's ETF platform. Lunate announced the addition of HSBC for both its UCITS and Securities and Commodities Authority (SCA) regulated ETF ranges. The global bank will become the seventh AP for the range of ETFs. HSBC joins Lunate's ETF platform The appointment strengthens the alternative investment firm's partnership with HSBC, one of the world's largest banking and financial services institutions, serving over 40 million customers. As a major provider of liquidity in the international ETF market, the addition of HSBC further extends the appeal of Lunate's ETFs by enhancing liquidity and trading accessibility for its clients. HSBC's global footprint and scale will drive greater visibility for Lunate's ETF products, supporting its strategy to expand and diversify the investor base of its public markets offering. Sherif Salem, Partner & Head of Public Markets at Lunate, commented: 'We are pleased to appoint HSBC as our first international AP, marking a key milestone in the expansion of the ETF ecosystem in the UAE stock markets. This appointment reinforces our commitment to further developing the ETF landscape in the UAE. 'By partnering with leading global institutions of HSBC's caliber, we are enhancing the value we offer to investors in the region and globally.' The alternative investment firm's range of UCITS and local ETFs currently comprises 18 equity and fixed-income funds, offering exposure to several developed and emerging markets. Nabeel Albloushi, Head of Markets and Securities Services, MENAT at HSBC, added: 'Our appointment as the first international AP on Lunate's ETF platform highlights the strength of our partnership and shared ambition to expand market access in the UAE. 'This milestone with Lunate and ADX reflects HSBC's commitment to advancing accessible, efficient capital markets and supporting the UAE's growing ETF landscape.' Lunate is a pioneer in the regional ETF sector, offering a full suite of market ETFs listed on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM). Its products provide individuals and institutions with an efficient and cost-effective way to build diversified long-term investment portfolios. Abdulla Salem Alnuaimi, Group CEO of ADX, said: 'This collaboration is expected to further support long-term capital growth across the market. With 16 ETFs listed on ADX, this strengthens our efforts to provide investors with future-focused opportunities, contributing to the continued development of Abu Dhabi's dynamic and diversified financial landscape.'
Zawya
09-07-2025
- Business
- Zawya
Lunate adds HSBC as Authorised Participant for its ETF range
Lunate, an independent Abu Dhabi-based global investment management firm, today announced the addition of HSBC Bank UK ('HSBC') as an Authorised Participant ('AP') for both Lunate's UCITS and Securities and Commodities Authority ('SCA') regulated ETF ranges, marking the first international AP to join Lunate's ETF platform and the seventh AP on the range of ETFs. The appointment grows Lunate's partnership with HSBC, one of the largest banking and financial services institutions in the world, serving more than 40 million customers. As a major provider of liquidity in the international ETF market, the addition of HSBC as an AP further extends the appeal of Lunate's ETFs by enhancing liquidity and trading accessibility for its clients. HSBC's global footprint and scale will drive greater visibility for Lunate's ETF products, supporting its strategy to expand and diversify the investor base of its public markets offering. Sherif Salem, Partner & Head of Public Markets at Lunate, said, 'We are pleased to appoint HSBC as our first international AP, marking a key milestone in the expansion of the ETF ecosystem in the UAE stock markets. This appointment reinforces our commitment to further developing the ETF landscape in the UAE. By partnering with leading global institutions of HSBC's calibre, we are enhancing the value we offer to investors in the region and globally.' Nabeel Albloushi, Head of Markets and Securities Services, MENAT at HSBC, said, 'Our appointment as the first international Authorised Participant on Lunate's ETF platform highlights the strength of our partnership and shared ambition to expand market access in the UAE. This milestone with Lunate and ADX reflects HSBC's commitment to advancing accessible, efficient capital markets and supporting the UAE's growing ETF landscape.' Abdulla Salem Alnuaimi, Group CEO of ADX, stated, 'We congratulate Lunate and HSBC on their partnership, which reinforces global confidence in the UAE's financial markets by broadening access to innovative and sustainable investment opportunities. This collaboration is expected to further support long-term capital growth across the market. With 16 ETFs listed on ADX, this collaboration supports long-term growth and strengthens our efforts to provide investors with future-focused opportunities, contributing to the continued development of Abu Dhabi's dynamic and diversified financial landscape.' Lunate is a pioneer in the regional ETF sector, offering a full suite of market ETFs listed on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM). Its products provide individuals and institutions with an efficient and cost-effective way to build diversified long-term investment portfolios. Lunate's range of UCITS and local ETFs currently consists of 18 equity and fixed-income funds offering exposure to several developed and emerging markets.
Zawya
09-07-2025
- Business
- Zawya
Lunate adds HSBC as an authorized participant for its ETF range
Appointment enhances liquidity and trading accessibility for public investors, reflecting Lunate's commitment to strengthening the region's ETF ecosystem Abu Dhabi: Lunate, an independent Abu Dhabi-based global investment management firm today announced the addition of HSBC Bank UK ('HSBC') as an Authorized Participant ('AP') for both Lunate's UCITS and Securities and Commodities Authority ('SCA') regulated ETF ranges, marking the first international AP to join Lunate's ETF platform and the seventh AP on the range of ETFs. The appointment grows Lunate's partnership with HSBC, one of the largest banking and financial services institutions in the world, serving more than 40 million customers. As a major provider of liquidity in the international ETF market, the addition of HSBC as an AP further extends the appeal of Lunate's ETFs by enhancing liquidity and trading accessibility for its clients. HSBC's global footprint and scale will drive greater visibility for Lunate's ETF products, supporting its strategy to expand and diversify the investor base of its public markets offering. Sherif Salem, Partner & Head of Public Markets at Lunate, said: 'We are pleased to appoint HSBC as our first international AP, marking a key milestone in the expansion of the ETF ecosystem in the UAE stock markets. This appointment reinforces our commitment to further developing the ETF landscape in the UAE. By partnering with leading global institutions of HSBC's caliber, we are enhancing the value we offer to investors in the region and globally.' Nabeel Albloushi, Head of Markets and Securities Services, MENAT at HSBC, said: 'Our appointment as the first international Authorized Participant on Lunate's ETF platform highlights the strength of our partnership and shared ambition to expand market access in the UAE. This milestone with Lunate and ADX reflects HSBC's commitment to advancing accessible, efficient capital markets and supporting the UAE's growing ETF landscape.' Abdulla Salem Alnuaimi, Group CEO of ADX, stated: 'We congratulate Lunate and HSBC on their partnership, which reinforces global confidence in the UAE's financial markets by broadening access to innovative and sustainable investment opportunities. This collaboration is expected to further support long-term capital growth across the market. With 16 ETFs listed on ADX, this collaboration supports long-term growth and strengthens our efforts to provide investors with future-focused opportunities, contributing to the continued development of Abu Dhabi's dynamic and diversified financial landscape.' Lunate is a pioneer in the regional ETF sector, offering a full suite of market ETFs listed on the Abu Dhabi Securities Exchange (ADX) and Dubai Financial Market (DFM). Its products provide individuals and institutions with an efficient and cost-effective way to build diversified long-term investment portfolios. Lunate's range of UCITS and local ETFs currently consists of 18 equity and fixed-income funds offering exposure to several developed and emerging markets.
Arabian Business
05-07-2025
- Business
- Arabian Business
BlackRock reportedly talking to Aramco to sell stake in pipelines business
American investment giant BlackRock is considering a sale of its stake in the leasing rights to Saudi Aramco's natural-gas pipeline network back to the energy giant, a report by Bloomberg said, based on talks with people familiar with the matter. The New York City-based company, which has over US$11.5 trillion in assets under management, is in talks with Aramco about a potential deal, the unnamed sources said, adding that BlackRock might consider a sale to other buyers if an agreement with the Saudi oil company is not reached. If the deal comes through, it would demonstrate Aramco's confidence in the growing value of the business and its importance to the country's energy infrastructure. Representatives for BlackRock declined to comment on the development. BlackRock acquired the asset in 2021, when a group led by the firm invested US$15.5 billion to buy 49 per cent of the entity that holds leasing rights over the pipelines. Aramco hailed the deal as a demonstration of its ability to draw global investors. In another deal that year, Aramco also sold a US$12.4 billion stake related to its oil pipelines. The twin deals are among the company's largest-ever divestments, and came as the kingdom ramped up efforts to sell assets and fund new industries from artificial intelligence to electric vehicles. BlackRock was involved in a similar deal last year when Abu Dhabi-based Lunate bought back BlackRock and KKR & Company's 40 per cent stake in Abu Dhabi National Oil Co.'s oil pipeline network. Lunate did not disclose how much it paid for the return of the stake to local hands. In June 2019, ADNOC said it was selling 40 per cent stake in ADNOC Oil Pipelines for US$4 billion. Under the deal, the pipeline company leased ADNOC's interest in 18 pipelines transporting crude oil and condensates across ADNOC's upstream concessions for 23 years. The two US funds became the first foreign investors to acquire infrastructure assets of a Gulf national oil company.
Yahoo
05-07-2025
- Business
- Yahoo
Brookfield Targets $545M Dubai Hotel in Bold New Bet on Booming Gulf Real Estate
Brookfield Asset Management (NYSE:BAM) is circling one of Dubai's prime hospitality assets. According to sources familiar with the matter, the firm is in talks to acquire Sofitel Dubai The Palm in a deal that could value the beachfront hotel at roughly 2 billion dirhams ($545 million). While no deal has been finalized, and discussions remain ongoing, the potential acquisition would mark Brookfield's first foray into Dubai's hotel sectora move that adds another layer to its expanding real estate footprint in the region. Warning! GuruFocus has detected 3 Warning Sign with BAM. This isn't Brookfield's first bet on the Middle East, but it may turn out to be one of its boldest. In May, the firm launched a $1 billion residential joint venture with Abu Dhabi's Lunate. It's also backing a redevelopment of a popular Dubai seafront district through its Merex Investment platform and is weighing a mixed-use project in Dubai Hills. These moves highlight Brookfield's growing conviction in the region's long-term upsideespecially in property markets benefiting from global capital rotation and local economic resilience. Hospitality, in particular, has emerged as a magnet for institutional buyers. Between January and May 2025, Dubai's average hotel occupancy hit 83%, up from 81% a year earlier. Over the past 30 months, more than 15 hotel assets have changed handsmore than in the entire previous decade, according to Knight Frank. Recent headline deals include Arzan Financial Group's $325 million purchase of the Fairmont Palm Dubai and its acquisition of VOCO Bonnington. If Brookfield moves forward, it could be the next major player joining this fast-moving property wave. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
